Retail Space To Let
Retail space Cape Town CBD
226 m² Retail space to let in Matador Centre
To LetWho This Space Is Best Suited For
- Retail
- Consumer Goods
- Apparel & Fashion
- Sporting Goods
About This Space
Matador Centre is a B-grade retail space development located in Cape Town CBD. The building features fibre connectivity, backup power, 24-hour security and easy freeway access.
226m² Retail to let in Matador Centre in the Cape Town City Centre, with excellent natural light from its wide glass frontage. We see this space working well for a retail business focusing on consumer goods, apparel, or sporting goods, needing prominent street visibility and a versatile layout. This unit offers a substantial footprint for your business. The street-level entrance features a wide, floor-to-ceiling glass frontage, providing excellent natural light and strong street visibility. The exterior facade presents a modern aesthetic with sleek black aluminium frames. Inside, the space transitions to a lower level via a prominent curved wooden staircase with a dark balustrade. The main floor area is covered in geometric beige and brown ceramic tile flooring, showing some signs of wear. The walls are painted a neutral colour but have some scuff marks, indicating a need for a refresh.
The plastered ceiling is at a good height, approximately 3 meters, contributing to the spacious feel. Lighting in the main lower-level area is provided by functional but somewhat dated fluorescent tube fixtures, creating some uneven illumination. The overall condition has a dated feel, suggesting it would benefit from refurbishment to align with a modern retail concept. This open-plan layout offers ample space for extensive retail displays or numerous workstations. The gross rate for this retail space is R170/sqm per month, bringing the gross monthly rental to R38,420. The location in Cape Town CBD, near the V&A Waterfront, suggests good foot traffic and accessibility.
- Gross monthly rental: R38,420
- Gross rate: R170 per sqm
- 226m² retail space available
- Parking available on request
- Near V&A Waterfront
Financial Information
All rentals exclude VAT & utilities.
Building Details & Features
Key Features
- Fibre Internet
- Backup Power
- 24hr Security
- Access Control
- Air Conditioning
- Natural Light
- Freeway Access
- Public Transport
About the Building
Office and Retail for rent opportunities at Matador Centre in Cape Town CBD. Ideal for high foot traffic businesses in the mall and professional office tenants in the office section. Matador Centre is a B-Grade commercial property on Strand Street with 24/7 security, backup power, and fibre infrastructure. This location is ideal for businesses seeking visibility and accessibility in a bustling area. You'll notice the foot traffic is robust, particularly from the nearby Cape Town Station, which is just a five-minute walk away. The building's street frontage and signage opportunities make it easy for customers to find your store. The tenant mix includes various commercial businesses, providing a vibrant shopping experience. Customer access is convenient, with parking available at The Felix just a short distance away. This area is known for its excellent amenities, including restaurants, cafes, and retail stores, making it an attractive destination for shoppers. The controlled access and security presence ensure a safe environment for both tenants and customers. Compared to other commercial areas, Cape Town CBD offers a unique blend of character and accessibility. This node is bustling with activity, drawing customers from surrounding suburbs like Green Point and Woodstock, making it a prime location for retail opportunities. Ideal for restaurants, cafes, specialty retailers, and service providers, Matador Centre provides the foot traffic and visibility needed to thrive.
Video Tour
Unit Features
Cape Town CBD Overview
The Cape Town Central Business District remains the beating heart of the city's commercial activity. Stretching from the Foreshore and Cape Town Station toward Company's Garden and the East City, the CBD combines corporate towers, courts, government buildings, heritage offices, retail streets and a growing creative-services layer.
For retail occupiers, the local stock profile includes high-footfall street retail and convenience retail around St Georges Mall, Long Street, Bree Street and the station precinct. Q1 2026 public office-node data shows Cape Town CBD vacancy at 11.4%, above the 6.0% metro average, while better-located and upgraded buildings continue to draw tenant interest. Source basis: Q1 2026 SAPOA / MSCI / Gmaven office-node summary; figures should be read as asking-market indicators, not guaranteed achieved rentals.
Public transport access includes MyCiTi bus rapid transit - multiple routes, Cape Town Station (Metrorail), Golden Arrow bus services and Minibus taxi routes serving the City Bowl and wider metro. Road access is via N1 (Northern Suburbs), N2 (Airport & Eastern suburbs) and M3 (Southern Suburbs). Secure basement, structured and municipal parking is available, but bay ratios and monthly costs vary sharply by building. The area is especially relevant for Financial services, Legal firms, Government departments, Professional services and Creative and technology firms.
Frequently Asked Questions
- How much would the rental deposit be for renting this retail space?
- The estimated rental deposit is calculated on the last year's rental amount. Based on the current monthly rental of R38 614/month, the deposit would be approximately R115 843 (3 months' rental). This is an estimate and is subject to final negotiations.
- How many parking bays are available and what is the rental rate per parking bay?
- Parking allocation and rates should be confirmed directly. Please enquire for details.
- What is the minimum lease period required?
- The minimum lease period is 36 months. Please contact the broker to discuss specific lease terms.
Location
62 Strand Street, Cape Town City Centre, Cape Town, South Africa, Cape Town
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